harris county auctions

[Jason Baehr]

Hi all. Just getting started out looking for flip properties. I've been researching alot looking for ways to get started with little cash. I have about $50k available to me. It seems the trustee auctions at the courthouse is a good place to get a potentially good deal. Problem is, they require full cash payment on the spot so this seems to rule out hard money loans. Does anyone know if hard money lenders are open to working out loans contingent on a winning bid? Or, if was able to win one with the cash I have available will hard money lenders work out a loan for the rehab costs?